October 27, 2016

Market outlook

Daily charts
- trend is up on daily charts
- today markets closed flat, AD was negative
- VIX down 3%
- markets still within falling channel
- breakout from channel will be bullish
- option writing support 8500 resistance 9000 NOV series
- OCT series same levels and these were never broken

5 min charts
- trading signals as shown on the chart
- did no trades this week; will start trading next week onwards.